Posts Tagged ‘2500%’

Should the OFT have allowed loans at rates of 2,500% a year?

Should the OFT have allowed loans at rates of 2,500% a year?
Lenders charging more than 2,500 per cent APR were given the green light last week as the Office of Fair Trading reported that the payday loan market worked “reasonably well” and there was no argument for imposing price controls.

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